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Press Release

Seal Software was named the winner of a Silver Stevie® Award in the Most Innovative Company – 100 Employee category – in The 14th Annual American Business Awards. 
The American Business Awards are one of the nation’s premier business awards program. All organizations operating in the U.S. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. More than 3,400 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. The awards will be presented June 20 in New York City.  
The judges recognized Seal for its “solid business performance and achievements through effective innovation.” Seal uses a combination of machine learning (ML) and natural language processing (MLP), often referred to as “artificial intelligence,” to help customers locate their contracts across their networks, and extract all the key terms and provisions from those documents. One ABA judge commented, “I know my company could use your solution. Good work.” 
Seal was recognized for innovation and business success in 2015. In the year, Seal announced it grew its customer base and employees by 100% over the previous year, and also listed new partnerships with firms such as Deloitte and Apogee Legal. In the year, Seal also described the addition of new F1000 customers such as McKesson, who claimed its deployment of Seal’s platform has resulted in a 75% reduction in the time to find contracts, and an estimated 80% savings in time to identify key contract terms.  
Also in the year, Seal launched V4.0 of its industry leading Contract Discovery and Analytics Platform, which gives customers more deployment flexibility, higher performance and accuracy with the addition of Deep Learning and new algorithms in its analytics engine, improved reporting, and enhanced user experience. 
“Seal Software was founded on a philosophy of innovation and a commitment to helping companies better understand the very lifeblood of their businesses: contracts,” said Ulf Zetterberg, CEO of Seal Software. “We are pleased to be recognized for our innovation and investments we’ve made in our technology, and our recent business achievements which give our customers immediate, efficient and accurate access to the contract data they need.”  
“The judges were extremely impressed with the quality of entries we received this year,” said Michael Gallagher, president and founder of the Stevie Awards. “The competition was intense and every organization that has won should be proud.” 
About Seal Software
Seal Software, the leading provider of contract discovery, extraction and analytics solutions, enables companies around the world to effectively manage their contract portfolio by understanding exactly where their contracts are when needed and, more importantly, what is hidden within them, in order to maximize revenue opportunities, mitigate risk and reduce expenses.
Seal Contract Discovery locates contractual documents wherever they reside within an organization and extracts key contractual terms and clauses, rendering them for easy review. It is also used to populate business systems that consume contract information such as Customer Relationship Management (CRM), Contract Lifecycle Management (CLM), and Enterprise Resource Planning (ERP).  Seal Contract Analytics empowers clients to analyze contracts by discovering specific language and clause combinations that are most relevant to their business.  
Seal is headquartered in San Francisco California, and has offices in London, New York, Munich, and Gothenburg, Sweden.
About the Stevie Awards
Stevie Awards are conferred in seven programs: The Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at